You searched for | The Corner

Search Results for deflation

In the World 12th February 2026

Deflationary pressure increases in January in China, CPI moderates to 0.2% year-on-year against 0.8% previously

Bankinter | The CPI in China moderates to 0.2% year-on-year against 0.4% expected and 0.8% previously, while Industrial Prices accelerated to negative 1.4% against -1.5% expected and -1.9% previously. Analysis team’s view: Negative impact. Inflation moderates more than expected, although it is distorted by a base effect comparing January 2025, when Chinese New Year was celebrated, versus January 2026, when there was no such holiday as this year it begins…

In the World 11th November 2025

China’s deflation problem not over: October CPI rises 0.2% against -0.1% expected

Norbolsa | Over the weekend, China released its October price data, showing a slight slowdown in producer price deflation (down 2.1% against the 2.2% drop expected), while the CPI rose 0.2% against the 0.1% drop expected, reflecting the effects of measures being taken to curb overcapacity and limit competition. In any case, the deflation problem is not over yet, as we have yet to see more vigorous demand. On the…

In Spain 22nd April 2025

Tax pressure on average Spanish family increases 30% due to non-deflation of Personal Income Tax

The Foundation for Applied Economics Studies (Fedea) has calculated that the non-adjustment for inflation of the Personal Income Tax (IRPF) for a family of four with a gross income of €50,000 has led to a 30% increase in the tax bill, although the effects are even greater in proportional terms for lower incomes. In its latest report, Fedea has analyzed the consequences of not updating the tax scale and the…

World economy 10th September 2024

China’s price benchmarks show lack of inflationary pressures and encourage deflation risk

Bankinter | August CPI rises to +0.6% year-on-year from +0.5% previously, however, it is a tenth of a percentage point lower than expected. The Underlying Rate rose +0.3% year-on-year in August (up from +0.4% average) and registers the lowest rate since March 2021. (2) August Industrial Prices declined -1.8% year-on-year from -0.8% pre and worse than the expected -1.5% year-on-year. Bankinter’s analysis team’s opinion: The two price references show the…

In the World 31st August 2023

China’s economy faces “3D” challenge: demographics, debt and deflation

Morgan Stanley| China’s economy faces a “3D” challenge: demographics, debt and deflation. Our China macro expert, Robin Xing, thinks the central government will have to partially underwrite local government debt and deploy sufficient fiscal stimulus to facilitate LGFV deleveraging and help the economy grow without debt. With this resolution, China could enter a debt-deflation spiral that puts both growth and the inflation outlook at risk. The focus of market attention…

In the World, Relevant News Item 10th August 2023

China’s CPI and producer prices both show deflation

Bankinter: CPI (July):-0.3% year-on-year vs. -0.4% expected vs +0.0% previous. (ii) Industrial Prices: -4.4% year-on-year vs. -4.0% expected vs -5.4% previous. Assessment: Both CPI and industrial prices mark deflation. The CPI fell -0.3% year-on-year, the first negative reading since February 2021, while industrial prices fell for the tenth consecutive month. This is the first time since November 2020 that both indicators have been negative. After a positive post-pandemic start in…

In the World, World economy 10th June 2023

Inflation stays at surprisingly low levels in China, close to zero, deflation likely

Bankinter : CPI +0.2% in May (year-on-year) vs. +0.2% estimated and +0.1% previous; Producer Price Index -4.6% in May (year-on-year) vs -4.3% estimated and -3.6% previous. Assessment: Inflation remains at surprisingly low levels in China, close to zero, and with some probability of entering deflation in view of producer prices. Sufficient arguments for the PBOC to lower interest rates (currently at 4.30% 5A and 3.65% 1A), which would also encourage…

Spanish economy 20th September 2022

Andalusia Joins Madrid In The Deflation Of Personal Income Tax And The Abolition Of Wealth Tax

The president of the Junta de Andalucía, Juanma Moreno, yesterday joined the trail blazed by the president of Madrid by announcing he will grant a 100% rebate on wealth tax. He will also deflate personal income tax, with effect from the 2022 tax return, which is the one that will have to be accounted for to the Treasury next year. According to calculations made by the Andalusian government, this tax…

Snapshot of European financial sector' structure

European economy 16th January 2021

Has Deflation Returned To Europe?

Azad Zangana (Schroders) | November 2020 was the fourth consecutive month that headline inflation for the eurozone – using the harmonised index of consumer prices (HICP) – was negative. The response to the coronavirus pandemic has caused the most severe economic shock across the continent since the Second World War. Temporary factors are to blame for current negative inflation rates, but low inflation is expected to keep interest rates very low for years to come.

European economy 26th October 2020

Deflation, The Greatest Threat For The Eurozone In The Short Term

Philippe Waetcher (Natixis AM) | The low inflation observed in the euro zone will translate into very weak wage dynamics. Demand will be weak while health constraints will weigh on activity. A situation that will not make it possible to fix on medium-term prospects compatible with the recovery plans. Inflation is the answer. The government on this point has more power than the central banks.

1 2 3 … 45 »